2016-05-13T08:55:01-05:00 2015-08-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2014-09-01 411317465 MINNESOTA BUSINESS PARTNERSHIP MINN 6123700840 80 SOUTH EIGHTH STREET NO 4816 MINNEAPOLIS MN 55402 CHARLES WEAVER EXECUTIVE DIRECTOR 6123700840 2016-05-10 1 JOHN TAUER P00294068 6123764500 2014 2016-08-17 19:52:53Z X CHARLES WEAVER 80 SOUTH EIGHTH STREET NO 4816 MINNEAPOLIS MN 55402 2379728 0 X WWW.MNBP.COM X 1977 MN TO MAINTAIN A HIGH QUALITY OF LIFE FOR ALL MINNESOTANS. 112 111 10 133 0 0 0 0 4935313 2378908 875 820 14370 0 4950558 2379728 2593260 198278 0 0 1435644 1499152 0 0 0 781007 1176183 4809911 2873613 140647 -493885 2486908 1227410 1060724 295111 1426184 932299 X THE MINNESOTA BUSINESS PARTNERSHIP'S MISSION IS TO MAINTAIN A HIGH QUALITY OF LIFE FOR ALL MINNESOTANS BY ENSURING THAT THE STATE'S ECONOMY REMAINS STRONG, GLOBALLY COMPETITIVE AND ITS PROSPECTS FOR GROWTH BRIGHT BY WORKING WITH ELECTED OFFICIALS AND STATE AGENCY STAFF ON A RANGE OF PUBLIC POLICY ISSUES RELEVANT TO ALL MINNESOTANS: EDUCATION, FISCAL POLICY, HEALTH CARE, CIVIL JUSTICE, GOVERNMENT ETHICS AND ELECTIONS, AND REGULATORY POLICIES. 0 0 THE MINNESOTA BUSINESS PARTNERSHIP'S MISSION IS TO MAINTAIN A HIGH QUALITY OF LIFE FOR ALL MINNESOTANS BY ENSURING THAT THE STATE'S ECONOMY REMAINS STRONG, GLOBALLY COMPETITIVE AND ITS PROSPECTS FOR GROWTH BRIGHT BY WORKING WITH ELECTED OFFICIALS AND STATE AGENCY STAFF ON A RANGE OF PUBLIC POLICY ISSUES RELEVANT TO ALL MINNESOTANS: EDUCATION, FISCAL POLICY, HEALTH CARE, CIVIL JUSTICE, GOVERNMENT ETHICS AND ELECTIONS, AND REGULATORY POLICIES. 0 0 0 1 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 6 0 10 1 0 0 0 0 0 0 X 112 111 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X KATIE NADEAU 6123700840 80 SOUTH EIGHTH STREET NO 4816 MINNEAPOLIS MN 55402 RICHARD K DAVIS PRESIDENT 1.00 X X 0 0 0 SCOTT W WINE CHAIR 1.00 X X 0 0 0 PATRICK D ALEXANDER DIRECTOR 1.00 X 0 0 0 JAMES N ANDERSEN DIRECTOR 1.00 X 0 0 0 SCOTT P ANDERSON DIRECTOR 1.00 X 0 0 0 DIANE S AWSUMB DIRECTOR 1.00 X 0 0 0 DOUGLAS M BAKER JR DIRECTOR 1.00 X 0 0 0 MAUREEN BAUSCH DIRECTOR 1.00 X 0 0 0 RUSSELL BECKER DIRECTOR 1.00 X 0 0 0 DAVID P BERG DIRECTOR 1.00 X 0 0 0 ARCHIE C BLACK DIRECTOR 1.00 X 0 0 0 ROBERT BONAR DIRECTOR 1.00 X 0 0 0 MARY K BRAINERD DIRECTOR 1.00 X 0 0 0 RALPH W BURNET DIRECTOR 1.00 X 0 0 0 CARL M CASALE DIRECTOR 1.00 X 0 0 0 JON CHERRY DIRECTOR 1.00 X 0 0 0 WILLIAM COOK DIRECTOR 1.00 X 0 0 0 WILLIAM A COOPER DIRECTOR 1.00 X 0 0 0 BRIAN CORNELL DIRECTOR 1.00 X 0 0 0 JEFFREY D COTTON DIRECTOR 1.00 X 0 0 0 JAMES CRACCHIOLO DIRECTOR 1.00 X 0 0 0 KENNETH CUTLER DIRECTOR 1.00 X 0 0 0 MARK E DAVIS DIRECTOR 1.00 X 0 0 0 RICHARD K DAVIS DIRECTOR 1.00 X 0 0 0 KATHLEEN A DOLPHIN DIRECTOR 1.00 X 0 0 0 PAT J DONOVAN DIRECTOR 1.00 X 0 0 0 JIM DUCHARME DIRECTOR 1.00 X 0 0 0 IAN DUCKWORTH DIRECTOR 1.00 X 0 0 0 SAM DUNCAN DIRECTOR 1.00 X 0 0 0 JAMES E DWYER DIRECTOR 1.00 X 0 0 0 ERIC ELLIOTT DIRECTOR 1.00 X 0 0 0 RONALD A ERICKSON DIRECTOR 1.00 X 0 0 0 JEFFREY M ETTINGER DIRECTOR 1.00 X 0 0 0 JEFF E FETTERS DIRECTOR 1.00 X 0 0 0 MICHAEL B FITERMAN DIRECTOR 1.00 X 0 0 0 DANI FJELSTAD DIRECTOR 1.00 X 0 0 0 BEN G FOWKE III DIRECTOR 1.00 X 0 0 0 DAVID R FRAUENSHUH DIRECTOR 1.00 X 0 0 0 ROBERT FROST DIRECTOR 1.00 X 0 0 0 JOHN GIBBS DIRECTOR 1.00 X 0 0 0 KEVIN GILLIGAN DIRECTOR 1.00 X 0 0 0 GUY GILMORE DIRECTOR 1.00 X 0 0 0 ALAN L GOLDBLOOM MD DIRECTOR 1.00 X 0 0 0 MICHAEL J GUYETTE DIRECTOR 1.00 X 0 0 0 KURT J HAGEN DIRECTOR 1.00 X 0 0 0 PAUL O HARMEL DIRECTOR 1.00 X 0 0 0 STUART C HARVEY JR DIRECTOR 1.00 X 0 0 0 GARY E HENDRICKSON DIRECTOR 1.00 X 0 0 0 DOUGLAS C HEPPER DIRECTOR 1.00 X 0 0 0 BRADFORD L HEWITT DIRECTOR 1.00 X 0 0 0 CHRISTOPHER M HILGER DIRECTOR 1.00 X 0 0 0 ALAN R HODNIK DIRECTOR 1.00 X 0 0 0 MICHAEL J HOFFMAN DIRECTOR 1.00 X 0 0 0 RANDALL J HOGAN DIRECTOR 1.00 X 0 0 0 VICTORIA HOLT DIRECTOR 1.00 X 0 0 0 STANLEY S HUBBARD DIRECTOR 1.00 X 0 0 0 ANDREW G HUMPHREY DIRECTOR 1.00 X 0 0 0 SHELLY R IBACH DIRECTOR 1.00 X 0 0 0 OMAR ISHRAK DIRECTOR 1.00 X 0 0 0 HUBERT JOLY DIRECTOR 1.00 X 0 0 0 ERIC W KALER DIRECTOR 1.00 X 0 0 0 GEORGE J KEHL DIRECTOR 1.00 X 0 0 0 JEFFREY KIESEL DIRECTOR 1.00 X 0 0 0 H CHRIS KILLINGSTAD DIRECTOR 1.00 X 0 0 0 RICK H KING DIRECTOR 1.00 X 0 0 0 MICHAEL J KLINGENSMITH DIRECTOR 1.00 X 0 0 0 JOHN M KONECK DIRECTOR 1.00 X 0 0 0 HANK KUCHTA DIRECTOR 1.00 X 0 0 0 CHARLES R KUMMETH DIRECTOR 1.00 X 0 0 0 GREG J KURR DIRECTOR 1.00 X 0 0 0 DAVID R KVAMME DIRECTOR 1.00 X 0 0 0 WALT LING DIRECTOR 1.00 X 0 0 0 MARK LUCAS DIRECTOR 1.00 X 0 0 0 MARTIN R LUECK DIRECTOR 1.00 X 0 0 0 JAY LUND DIRECTOR 1.00 X 0 0 0 RUSSELL T LUND III DIRECTOR 1.00 X 0 0 0 CHARLES S MACFARLANE DIRECTOR 1.00 X 0 0 0 DAVID W MACLENNAN DIRECTOR 1.00 X 0 0 0 MICHAEL MCFADDEN DIRECTOR 1.00 X 0 0 0 THOMAS J MCGOUGH JR DIRECTOR 1.00 X 0 0 0 PATRICK H MCHALE DIRECTOR 1.00 X 0 0 0 EDWARD MCINTYRE DIRECTOR 1.00 X 0 0 0 CHRISTOPHER METZ DIRECTOR 1.00 X 0 0 0 HUGH MILLER DIRECTOR 1.00 X 0 0 0 DOUGLAS A MILROY DIRECTOR 1.00 X 0 0 0 THOMAS E MONTMINY DIRECTOR 1.00 X 0 0 0 CHUCK MOOTY DIRECTOR 1.00 X 0 0 0 DAVID C MORTENSON DIRECTOR 1.00 X 0 0 0 MA MORTENSON JR DIRECTOR 1.00 X 0 0 0 TIM MURNANE DIRECTOR 1.00 X 0 0 0 MARGARET MURPHY DIRECTOR 1.00 X 0 0 0 DAVID J MURPHY DIRECTOR 1.00 X 0 0 0 CHRIS NEUGENT DIRECTOR 1.00 X 0 0 0 JOHN H NOSEWORTHY MD DIRECTOR 1.00 X 0 0 0 DENNIS M O'MALLEY DIRECTOR 1.00 X 0 0 0 JAMES C O'ROURKE DIRECTOR 1.00 X 0 0 0 JAMES OWENS DIRECTOR 1.00 X 0 0 0 STEVEN PINNEY DIRECTOR 1.00 X 0 0 0 CHRIS J POLICINSKI DIRECTOR 1.00 X 0 0 0 KENDALL J POWELL DIRECTOR 1.00 X 0 0 0 JAMES T PROKOPANKO DIRECTOR 1.00 X 0 0 0 JOE F PUISHYS DIRECTOR 1.00 X 0 0 0 TRUDY RAUTIO DIRECTOR 1.00 X 0 0 0 DUANE RING DIRECTOR 1.00 X 0 0 0 JEANNINE M RIVET DIRECTOR 1.00 X 0 0 0 THOMAS J ROSEN DIRECTOR 1.00 X 0 0 0 STEVEN ROSENSTONE DIRECTOR 1.00 X 0 0 0 PATRICK G RYAN DIRECTOR 1.00 X 0 0 0 DAVID SAGGAU DIRECTOR 1.00 X 0 0 0 LEE SCHRAM DIRECTOR 1.00 X 0 0 0 TOM S SCHREIER JR DIRECTOR 1.00 X 0 0 0 ROBERT L SENKLER DIRECTOR 1.00 X 0 0 0 MARIANNE D SHORT DIRECTOR 1.00 X 0 0 0 CHRIS SIMPSON DIRECTOR 1.00 X 0 0 0 SALLY J SMITH DIRECTOR 1.00 X 0 0 0 DIMITRIOS SMYRNIOS DIRECTOR 1.00 X 0 0 0 RULON STACEY DIRECTOR 1.00 X 0 0 0 DANIEL J STARKS DIRECTOR 1.00 X 0 0 0 JULIE H SULLIVAN DIRECTOR 1.00 X 0 0 0 JOHN G TAFT DIRECTOR 1.00 X 0 0 0 INGE G THULIN DIRECTOR 1.00 X 0 0 0 DAVID M TILFORD DIRECTOR 1.00 X 0 0 0 MIKE TRAIN DIRECTOR 1.00 X 0 0 0 JOE J VORTHERMS DIRECTOR 1.00 X 0 0 0 BARBARA WALCZYK JOERS DIRECTOR 1.00 X 0 0 0 JOHN WEBER DIRECTOR 1.00 X 0 0 0 WALTER WHITE DIRECTOR 1.00 X 0 0 0 JOHN P WIEHOFF DIRECTOR 1.00 X 0 0 0 JOHN A WILGERS DIRECTOR 1.00 X 0 0 0 DAVID A WILSON DIRECTOR 1.00 X 0 0 0 THERESA WISE DIRECTOR 1.00 X 0 0 0 RODNEY A YOUNG DIRECTOR 1.00 X 0 0 0 CHARLES WEAVER EXECUTIVE DIRECTOR 40.00 X 618496 0 35398 JILL S LARSON DIRECTOR OF FISCAL POLICY 40.00 X 146360 0 26146 JAMES BARTHOLOMEW DIRECTOR OF EDUCATIONAL POLICY 40.00 X 130949 0 25442 895805 0 86986 3 0 1 0 0 MEMBERSHIP DUES 900099 2274876 2274876 COALITION FEE 900099 70000 70000 EA CONFERENCE 900099 34032 34032 2378908 820 820 2379728 2378908 0 820 198278 974057 368679 6972 88029 61415 14996 41738 11000 65654 102146 3597 360771 23752 12064 CITIZEN EDUCATION EFFOR 500000 MISCELLANEOUS 27036 DUES AND SUBSCRIPTIONS 10123 POLICY PROGRAMS 3306 2873613 2419016 1167686 0 13759 19147 18106 288128 260269 48745 27859 2486908 1227410 118196 33979 901337 221199 16914 0 24277 39933 1060724 295111 X 1426184 932299 1426184 932299 2486908 1227410 -493885 0 X 0 1 X 1 0 500000 0 0 500000 500000 1 NORTHSTAR LEADERSHIP FUND 80 SOUTH EIGHTH STREET SUTE 3530 MINNEAPOLIS MN 55402 472402037 500000 0 0 1 2274876 1996048 -319697 1676351 1137438 538913 PART I-A, LINE 1: CONTRIBUTION TO POLITICAL FUND FOR INDEPENDENT EXPENDITURES 0 1 X 88313 80634 7679 199815 179635 20180 27859 DEFERRED RENT 10077 INCENTIVE PAYABLE 29856 39933 X 2575178 195450 195450 2379728 0 2379728 3194981 321368 321368 2873613 0 2873613 PART IV, LINE 2B: THE PARTNERSHIP ACTED AS A FISCAL AGENT FOR ONE OTHER ORGANIZATION IN 2014. THE PARTNERSHIP HANDLED THE FINANCIAL ACTIVITY OF THE ORGANIZATION. THE CASH HELD BY THE PARTNERSHIP ON BEHALF OF THE ORGANIZATION IS REPORTED AS A LIABILITY BY THE PARTNERSHIP. PART X, LINE 2: THE PARTNERSHIP ADOPTED THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE PARTNERSHIP'S FINANCIAL STATEMENTS. THE PARTNERSHIP'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE REPORTED ON AFFILIATE RETURN 195,450. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED ON AFFILIATE RETURN 321,368. 1 COALITION OF MINNESOTA BUSINESSES 80 S EIGHTH ST 3530 MINNEAPOLIS MN 55402 411685181 501(C)(6) 198278 N/A N/A ALLOCABLE PORTION OF DUES 0 1 PART I, LINE 2: EFFECTIVE AUGUST 31, 2006, THE PARTNERSHIP AGREED TO FUND THE OPERATING ACTIVITIES OF THE COALITION OF MINNESOTA BUSINESSES (CMB). TO ACCOMPLISH THIS, THE PARTNERSHIP MODIFIED ITS DUES STRUCTURE; THE ALLOCATION PAID TO THE CMB DOES NOT REQUIRE FORMAL MONITORING SINCE THE PARTNERSHIP OVERSEES ADMINISTRATIVE FUNCTIONS FOR THE CMB. X X X 1 1 X X 0 0 0 CHARLES WEAVER EXECUTIVE DIRECTOR 444350 0 150000 0 24146 0 10400 0 24998 0 653894 0 0 0 JILL S LARSON DIRECTOR OF FISCAL POLICY 126569 0 15000 0 4791 0 4814 0 21332 0 172506 0 0 0 JAMES BARTHOLOMEW DIRECTOR OF EDUCATIONAL POLICY 120949 0 10000 0 0 0 4921 0 20521 0 156391 0 0 0 PART I, LINE 1A CHARLES WEAVER - GOLF CLUB DUES - THE PERSONAL USE EXPENSES PORTION OF THE AMOUNT WAS INCLUDED IN TAXABLE COMPENSATION. CHARLES WEAVER - VEHICLE ALLOWANCE - INCLUDED IN TAXABLE COMPENSATION. CHARLES WEAVER - GROSS UP TAX ON DISABILITY INSURANCE POLICY - INCLUDED IN TAXABLE COMPENSATION. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF NO LESS THAN ELEVEN MEMBERS AND NO MORE THAN TWENTY-FIVE MEMBERS ELECTED FROM THE MEMBERS OF THE BOARD. THE BOARD MAY ESTABLISH COMMITTEES TO CARRY OUT THE PROGRAMS OF THE CORPORATION. THESE COMMITTEES MAY ESTABLISH RULES AND REGULATIONS WITH RESPECT TO REGULAR OR SPECIAL MEETINGS AS IT DEEMS APPROPRIATE. FORM 990, PART VI, SECTION A, LINE 6 THE PARTNERSHIP'S MEMBERSHIP CONSISTS OF THOSE INDIVIDUALS THAT HOLD THE POSITION OF CHIEF EXECUTIVE OFFICER OR COMPARABLE POSITION OF A LARGE, PRIVATE EMPLOYER IN THE STATE OF MINNESOTA. THE EXECUTIVE COMMITTEE MAY EXTEND MEMBERSHIP TO AN INDIVIDUAL WHO LEADS A LARGE EMPLOYER NOT IN THE PRIVATE SECTOR, WHERE SUCH MEMBERSHIP IS DEEMED APPROPRIATE. FORM 990, PART VI, SECTION A, LINE 7A THE PARTNERSHIP'S MEMBERS ARE ALSO THE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE PARTNERSHIP'S MEMBERS ARE ALSO THE MEMBERS OF THE BOARD OF DIRECTORS; AND HAVE THE AUTHORITY TO ADOPT, AMEND, OR REPEAL ARTICLES OF THE GOVERNING DOCUMENTS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WILL BE REVIEWED IN DETAIL BY THE AUDIT COMMITTEE. THE FORM 990 AND AUDIT COMMITTEE REVIEW WILL BE PRESENTED TO THE FULL BOARD OF DIRECTORS. THESE ACTIONS WILL TAKE PLACE BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE EXECUTIVE COMMITTEE AND THE STAFF WILL ANNUALLY COMPLETE A DISCLOSURE STATEMENT TO IDENTIFY ANY KNOWN REAL OR POTENTIAL CONFLICTS OF INTEREST. A SUMMARY OF THESE CONFLICTS OF INTEREST WILL BE REVIEWED BY THE GOVERNANCE COMMITTEE AND REPORTED TO THE EXECUTIVE COMMITTEE. ANY MEMBER OF THE BOARD OF DIRECTORS WHO WISHES TO DETERMINE IF A CONFLICT OF INTEREST EXISTS MAY INQUIRE OF THE CHAIR OF THE GOVERNANCE COMMITTEE FOR A RESOLUTION. ANY CONFLICTED INDIVIDUAL WILL DISCLOSE THE DETAILS OF THE CONFLICT PRIOR TO BOARD REVIEW OF THE TRANSACTION AND DECISION. ANY CONFLICTED DIRECTOR SHALL REFRAIN FROM PARTICIPATION IN THE DISCUSSION AND SHALL ABSTAIN FROM VOTING. THESE ACTIONS SHALL BE NOTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR COMPENSATION IS REVIEWED AND APPROVED IN THREE STAGES: THE BOARD CHAIR, EXECUTIVE COMMITTEE, AND THE FULL BOARD. THE INITIAL EMPLOYMENT CONTRACT COMPENSATION WAS BASED IN PART ON OTHER ORGANIZATIONS' SALARY PRACTICES. THE DELIBERATION PROCESS WAS RECORDED IN THE MEETING MINUTES, THE FINAL EMPLOYMENT CONTRACT, AND IN A COMPENSATION POLICY. THIS PROCESS WAS LAST CONDUCTED IN AUGUST, 2014 FOR EXECUTIVE DIRECTOR, CHARLES WEAVER. OTHER OFFICER/KEY EMPLOYEE COMPENSATION IS PREPARED BY THE EXECUTIVE DIRECTOR FOR REVIEW AND APPROVAL BY THE AUDIT COMMITTEE AS PART OF THE ANNUAL BUDGET PROCESS. THE PARTNERSHIP CONDUCTS A REVIEW OF A SALARY SURVEY WHEN AN EMPLOYEE IS HIRED AND FOLLOWS A COMPENSATION POLICY FOR DETERMINING COMPENSATION LEVELS. THIS PROCESS WAS LAST CONDUCTED FOR FISCAL POLICY DIRECTOR, JILL LARSON; AND EDUCATION POLICY DIRECTOR, JIM BARTHOLOMEW IN 2014. FORM 990, PART VI, SECTION C, LINE 19 THE PARTNERSHIP DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, NOR ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. JOBS POLITICAL ACTION FUND 80 SOUTH EIGHTH STREET SUITE 3530 MINNEAPOLIS MN 55402 912066553 POLITICAL FUND MN 527 N/A MINNESOTA BUSINESS PARTNERSHIP 1 MINNESOTA BUSINESS PARTNERSHIP EDUCATION FOUNDATION 80 SOUTH EIGHTH STREET SUITE 3530 MINNEAPOLIS MN 55402 208876254 PUBLIC CHARITY MN 501(C)(3) LINE 7 0 NORTHSTAR LEADERSHIP FUND 80 SOUTH EIGHTH STREET SUITE 3530 MINNEAPOLIS MN 55402 472402037 POLITICAL FUND MN 527 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NORTHSTAR LEADERSHIP FUND B 500000 FAIR VALUE CASH PAID